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NAR: Existing-Home Sales Decreased to 4.07 million SAAR in July

NAR: Existing-Home Sales Decreased to 4.07 million SAAR in July

Median Prices Increased 1.9% YoY in July

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Aug 22, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
NAR: Existing-Home Sales Decreased to 4.07 million SAAR in July
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From the NAR: Existing-Home Sales Slipped 2.2% in July

Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.

Total existing-home sales – completed transaction…

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